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i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the middle class, and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 20112 is the fact that we have already made $1.2 trillion in cuts, and at the time i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. i said at the time i think we should pair it up with revenue in order to have an overall balanced package, but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made, and we've made
i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was...
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Jan 14, 2013
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i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight,
i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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Jan 16, 2013
01/13
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what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its people last year. how is this different? >> well, they go where the money. lots of people have the money. more important, they are targeting small business owners and these are the guys are taking, they have targeted them and that is where the money is. gerri: okay, a lot of people will not be happy to hear that. let's talk about the rest. >> once people get dreaded notice in the mail, typically that is the irs looking for classification and clarification of information. they can come to your office to your account office. >> so i have hav
what to do with the tax man on a queue. don't go away gerri: the story of the tax payers dreadnoughts. one in every age we win that one in 2011. you can expect even more this year. especially for those high income earners. so what happens next? we have your bottom line coverage of crucial test in navigating the process. when he is the founder and president of diversified financial consultant. welcome back to the show. >> thank you. gerri: i was mentioning that the irs really win after its...
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Jan 17, 2013
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cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average taxpayer, a w-2, there isn't much pushback. a small business owner has a lot of expenses. the uk the car after dinner wa't your wife? the irs is targeting where the money is. a lot of the expenses are up for grabs. >> they are high income taxpayers, these are the people who are in the crosshairs. foreign transactions would be more likely. is that i? >> is possible, especially for a larger business owner. i think travel entertainment and things like that are expensive. anything that. you know, we define a small-business owner and under a hundred employees. we can be substantial employees. gerri: a lot of businesses us
cpa or tax attorney. >> i would've thought he would've said so everything you know about whatever the issue is -- you are a lot more circumspect than that. >> yes, the letters you get in the mail will have a specific item that they're looking for. they could be looking at things like your expenses or business expenses into their questions and be very specific. gerri: okay, you said small businesses were targeted in 2013. let's talk about why. >> if you look at the average...
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Jan 17, 2013
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the way to do that is through a fair, flat tax. host: we are not really talking about that this morning. we are talking about the gun proposals specifically. what kind of gun do you have? caller: i have more than one because i am a hunter. i enjoy hunting. again, back to what we were saying before. that is about all i want to say about it. i think mr. obama and the congress both do not have a clue about what is going on out here in the real world. host: adalfo, what are your thoughts? caller: when i went to high school there was a police presence at all times. the sheriffs are the -- in charge of the campus. in regards to the president's comments, i think there are far reaching and might be unconstitutional. i helped john boehner and mitch mcconnell work hard to prevent him -- i hope john boehner and mitch mcconnell work hard to prevent him from doing whatever he wants. he cannot do what ever he wants. i think they should work together. it was a sad thing what happened on the east coast. that does not go to the root of the problem.
the way to do that is through a fair, flat tax. host: we are not really talking about that this morning. we are talking about the gun proposals specifically. what kind of gun do you have? caller: i have more than one because i am a hunter. i enjoy hunting. again, back to what we were saying before. that is about all i want to say about it. i think mr. obama and the congress both do not have a clue about what is going on out here in the real world. host: adalfo, what are your thoughts? caller:...
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Jan 16, 2013
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the president ran on raising taxes on the upper class. he raised taxes on 77% of us. where are the spending cuts? guest: the president laid out in his press conference there have been $1.5 trillion in terms of spending cuts and caps on appropriation bills. those caps have been adhered to. it is a myth we have not had spending cuts. are we going to hit health care? i feel deeply in terms of research. a quick story. my wife ran a group at nih. when she started, there would have for peer review 100 applications. maybe 50 of them were topflight and there were reviewed by peer review. out of that they might pick 25 that should be funded. in those days, there was enough money of the top caliber to fund may be 10, 15. wo, or it is one, tow, o three of the original 100. there is not adequate funding for our health. are we going to further cut funding for nih for health research in this country? we need to retrain americans so they can qualify for every kind of job. we have a trainee deficit in this country. we need to do a better job. are we going to hurt that effort? that is
the president ran on raising taxes on the upper class. he raised taxes on 77% of us. where are the spending cuts? guest: the president laid out in his press conference there have been $1.5 trillion in terms of spending cuts and caps on appropriation bills. those caps have been adhered to. it is a myth we have not had spending cuts. are we going to hit health care? i feel deeply in terms of research. a quick story. my wife ran a group at nih. when she started, there would have for peer review...
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Jan 14, 2013
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louisiana governor proposing a zero corporate tax rate and personal income tax rate. speaking with the man advising the governor on that plan coming up next. ♪
louisiana governor proposing a zero corporate tax rate and personal income tax rate. speaking with the man advising the governor on that plan coming up next. ♪
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Jan 15, 2013
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as for the bill itself, the pathway to citizenship would come with a payment of fines and back taxes. the bill would also include a nationwide legal verification system for all newly hired workers. additional visas for highly skilled immigrants and a guest worker program. top senate democrat harry reid sounded optimistic about its passage. >> tentatively on a path to citizenship which has been a stumbling block. we need to promote bipartisan bills quicker than you think. >> you are confident this will amount to something substantial? >> we'll do something significant. >> then again, there's always the lower chamber. according to texas congressman lamar smith, any bill with a pathway to citizenship will have a hard time passing. phil, the georgia republican who weighed in so very eloquently on todd aken's rape comments this weekend, told the "new york times" he remains opposed to amnesty of any kind. joining us now is telemundo jose diaz. it is always a good day when you are on this program, my friend. great to see you. >> thank you so much. thank you so much. >> jose, let me ask you -
as for the bill itself, the pathway to citizenship would come with a payment of fines and back taxes. the bill would also include a nationwide legal verification system for all newly hired workers. additional visas for highly skilled immigrants and a guest worker program. top senate democrat harry reid sounded optimistic about its passage. >> tentatively on a path to citizenship which has been a stumbling block. we need to promote bipartisan bills quicker than you think. >> you are...
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Jan 15, 2013
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of course, the united states constitution gives the power to tax and spend to the congress, and the congress alone. our current deficit is the result of money congress has already borrowed. president obama explained to the american people today how republicans in congress are trying to avoid doing their actual jobs. >> these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. >> if the american people do not catch on to the severity of all of this, of defaulting on our debts, the country will be in a dire situation. president obama knows this. he believes it. he has proved it before. and he is not going to play games with economic stability. >> so we've got to pay our bills. and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but th
of course, the united states constitution gives the power to tax and spend to the congress, and the congress alone. our current deficit is the result of money congress has already borrowed. president obama explained to the american people today how republicans in congress are trying to avoid doing their actual jobs. >> these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits,...
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a lot of people who are lower down the food chain, the economic chain, who are also paying lots of taxes relative to their income, and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change. there are a lot of things that the american penal are expecting, and the republican party as they get ready for the next election really has to focus on some of these issues and not ignore them. >> chris, what's sad to me about that is that by virtue of mentioning the phrase climate change, it's almost like colin powell has kicked himself out of the republican party. this party used to play ball on that issue. now they're denying the actual science behind it. they have swung so far right, and my question after all of this, after that interview which was incendiary and was very much a line in the sand for the gop -- >> it's history making. >> when will the republican party admit they have a problem? because every time something like this happens, there is a doubling down, there is a defense, there is an attack on th
a lot of people who are lower down the food chain, the economic chain, who are also paying lots of taxes relative to their income, and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change. there are a lot of things that the american penal are expecting, and the republican party as they get ready for the next election really has to focus on some of these issues and not ignore them. >> chris, what's sad...
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higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff deal. but whatever happened to comprehensive tax reform? >> the irs tax code is still a nightmare. it's too complex, too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than $1 trillion a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea, but now that we have resolved the revenue issue, tax reform ought to be revenue neutral, as it was
higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff...
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they couldn't win that battle regarding taxes. with this one, they have leverage. >> they thought it was their leverage but still when you go in to this debate, tamron, they control only one part of the government. it's a house of representatives. democrats control the senate. they control the white house. so while house republicans do have some leverage, we also learned something from the fiscal cliff negotiations that john boner's willing to bring legislation to the floor that doesn't have this majority of support from the party and pretty big, as well. >> all right. mark, thank you very much. greatly appreciate it. talk to you tomorrow on these things. >>> former president george h.w. bush has now been released from the hospital in houston today and headed home. mr. bush was admitted to the hospital around thanksgiving, suffering from a severe case of bronchitis. in the stay, developed a fever. doctors say he'll continue physical therapy at home. mr. bush is 88 years old. >>> my starting point is not to worry about the politics
they couldn't win that battle regarding taxes. with this one, they have leverage. >> they thought it was their leverage but still when you go in to this debate, tamron, they control only one part of the government. it's a house of representatives. democrats control the senate. they control the white house. so while house republicans do have some leverage, we also learned something from the fiscal cliff negotiations that john boner's willing to bring legislation to the floor that doesn't...
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Jan 15, 2013
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priorities in the order we're putting them, protecting the wealthy, protecting the lowest corporate tax rates since the 1970s and looking at deep cuts that are going to hurt these people. so i hope, and i think there is some sign today that the president is talking about really holding the line on that. >> well, i think the president is going to hold the line. he was pretty strong about that today. gop pollster frank luntz was asked on fox news the republican failure to win over americans with their rhetoric on spending. here it is. >> do you believe the error is smaller government, the adjustment should be more effective and efficient government. why are those words so important? >> because the american people don't care what the size of government. they do care what types of services government gives. and quite frankly, how much government takes. >> and also, whether the government pays its bills or not. but e.j., this is all in the arena of the republican mantra that they want to make sure that they drive home to the american people that government doesn't do anything well, that we m
priorities in the order we're putting them, protecting the wealthy, protecting the lowest corporate tax rates since the 1970s and looking at deep cuts that are going to hurt these people. so i hope, and i think there is some sign today that the president is talking about really holding the line on that. >> well, i think the president is going to hold the line. he was pretty strong about that today. gop pollster frank luntz was asked on fox news the republican failure to win over americans...
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Jan 20, 2013
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the president won the election and all about taxes and he got his taxes. $60 billion a year and runs the government for five days. he has to challenge his party on spending, which he has not been willing to do. >> first of all, we're not talking about 30, we had 85 votes. it doesn't help if you caricature. the fiscal cliff a deal/deal and joe biden. we got less than we wanted. i would have liked to have based taxes on people making $300,000 a year. but we had 85 republicans for that. on the hurricane, that was a very bipartisan deal in the senate and the notion that we were going to peel off a few, that shouldn't be partisan at all. after spending, i agree. here's the problem. the biggest increase in spending in the last, in this century has been a military spending. unpaid for in iraq, an unnecessary war. afghanistan, military spending else where. i very much want to cut spending but people who want to exempt the military from spending cuts. >> you have to have the last word on that. >> every penny to the pentagon and every penny the government spends, we still borrow $300 billion a
the president won the election and all about taxes and he got his taxes. $60 billion a year and runs the government for five days. he has to challenge his party on spending, which he has not been willing to do. >> first of all, we're not talking about 30, we had 85 votes. it doesn't help if you caricature. the fiscal cliff a deal/deal and joe biden. we got less than we wanted. i would have liked to have based taxes on people making $300,000 a year. but we had 85 republicans for that. on...
SFGTV: San Francisco Government Television
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Jan 14, 2013
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increpts that is baseline established and growth above that baseline of what pedestrian interest tax and so it's similar to increment financing and these are at the growth and tax of project's cause that otherwise go to the taxing entities pribblely the generally fund and we hold those proceeds to repay the investment and infrastructure. so no, to the proposed policy. there has been a long tradition both in the charter and in the burton act that the harbor fund is a self supporting the port is a self supporting enterprise and the city obviously, we pay for that was we purchase from the city and we want to maintain a balance so that the 50 city is not subsidizing the hash fund for our activities and the general services that we require from the city and so we have under taken a nexxus analysis in 2004 and eight that looks at the balance of payment and the next is the methodology that ports with long term leases where the tenants pay tax they pay ampleel tax to be provided these services like any other taxpayer and so the nexxus analysis looks at the unleased land and infrastructure on
increpts that is baseline established and growth above that baseline of what pedestrian interest tax and so it's similar to increment financing and these are at the growth and tax of project's cause that otherwise go to the taxing entities pribblely the generally fund and we hold those proceeds to repay the investment and infrastructure. so no, to the proposed policy. there has been a long tradition both in the charter and in the burton act that the harbor fund is a self supporting the port is...
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Jan 20, 2013
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from 50,000 on down, 60,000 on down, why not tax us? he just tax the people that are higher? host: thank you for the call. let me use this point -- we are not focusing as much on budgets and taxes, but these are tougher economic times and this is something these committees have taken into account? guest: that was the driver behind scaling down from 10 balls to two. george bush in his second inauguration also had 10. that is where the standard was. that has been cut way back. there will be a concert on the national mall with bruce springsteen. there have been efforts not to overspend and there is a willingness to acknowledge that so many americans are having a tough economic times. host: tony, who morning. thank you for calling in. caller: thank you. i want to know, white people started all the money stuff. this president, why is he getting slammed on and all this stuff? i am a black man, he is our president. support him. host: thank you for the call. comments? guest: he makes a good point. these festivities, it is really more about the office of the presidency and it is a cha
from 50,000 on down, 60,000 on down, why not tax us? he just tax the people that are higher? host: thank you for the call. let me use this point -- we are not focusing as much on budgets and taxes, but these are tougher economic times and this is something these committees have taken into account? guest: that was the driver behind scaling down from 10 balls to two. george bush in his second inauguration also had 10. that is where the standard was. that has been cut way back. there will be a...
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Jan 18, 2013
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that's not going to change the course of the country unless you have comprehensive tax reform that dealt with the fact that we are becoming a nation of inequals. like on the eve of the great depression. >> certainly i would agree with that. i would also disagree with part of it, because it has been shown that enough people do care about that wealth and equality because he did win as a not terribly popular president in a reelection. but one of the other things is the who issue of guns. i don't remember and i don't have the breadth of knowledge that you do but i don't seem to remember a -- an issue like what he is having to do now or has chosen to do now with guns being sort of gifted to him -- or to a president at the beginning of a second term. that gives him a bit of momentum that i don't remember -- momentum going into the second term that few presidents have had. >> i think that is exactly right. very few presidents have had good momentum going into the second term. we saw it even with franklin roosevelt and other presidents as we know have stumbled through the first couple of years o
that's not going to change the course of the country unless you have comprehensive tax reform that dealt with the fact that we are becoming a nation of inequals. like on the eve of the great depression. >> certainly i would agree with that. i would also disagree with part of it, because it has been shown that enough people do care about that wealth and equality because he did win as a not terribly popular president in a reelection. but one of the other things is the who issue of guns. i...
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Jan 19, 2013
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the administration has announced that its transitioning its campaign apparatus into a tax exempt group called organizing for action. that's the new name for what was once called obama for america. the goal, according to politico, is to play an active role in support of the president's agenda. >> the president has the most exciting campaign apparatus ever built. it's time to turn that loose. it's time to turn that loose for something more than just an election, right? if the nra has got a list, then obama for america has a bigger list. >> i'm not sure what they think of that at the dnc, that all of a sudden this entity is going to have perpetual life. >> let's be really clear about this. the dnc is always an extension of the president who is in office. what's interesting about this, and i talked to people who are engaged in this today, and it's still very much in definition. but this is where the answer to your question comes. because if ofa becomes a very effective force as regards legislation, then you begin to define the democratic party based on a legislative agenda which, as the ma
the administration has announced that its transitioning its campaign apparatus into a tax exempt group called organizing for action. that's the new name for what was once called obama for america. the goal, according to politico, is to play an active role in support of the president's agenda. >> the president has the most exciting campaign apparatus ever built. it's time to turn that loose. it's time to turn that loose for something more than just an election, right? if the nra has got a...
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Jan 21, 2013
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his tax rate is more than 60 percent. a utah woman waking up to rumbles of noise. >> a massive boulder crashed right through his home. her leg was pinned but she was able to reach for a phone and call for help. she is being treated for nonlife threatening injuries. >> thank goodness she is okay. ainsley thank you so much. all month long we have been helping you stay on track with the new year's weight loss resolutions. this week we have great gadgets to help you keep your fitness going. first we have dvd's that are your dvd's. what is unique about these? >> a new trend in fitness in 2013 is high intensity training work hard for just a half an hour. you have time to fit your workout in. we do plyometrics going high and low and getting the calories burned. >> sort of like the p 90 x series. >> head phones what is so good about these? >> i have a fitness dvd they are water proof ultra light. they are for men, women great shapes and they are so light you can run without them falling out of your ears. >> they don't snag and ge
his tax rate is more than 60 percent. a utah woman waking up to rumbles of noise. >> a massive boulder crashed right through his home. her leg was pinned but she was able to reach for a phone and call for help. she is being treated for nonlife threatening injuries. >> thank goodness she is okay. ainsley thank you so much. all month long we have been helping you stay on track with the new year's weight loss resolutions. this week we have great gadgets to help you keep your fitness...
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Jan 20, 2013
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bush takes the oath in 2001, his priorities were tax cut and education reform. that was dominating the agenda and the summer of the shark, all the shark attacks in the summer of '01. >> gary condit. >> and gary condit. the world changes and bush's presidency certainly changed on 9/11. >> his biggest speech before that was on stem cell research. >> yep. >> that was his first -- >> biggest month, that's right. august. >> stick around. we'll talk about the obama legacy. he's a two-term president. that's already a big deal, puts you in a pantheon of presidential history. let's go out to the national mall. hundreds of thousands of people will be gathering tomorrow for the swearing in. luke russert is there now. luke -- well, there we go. >> reporter: are we back here? >> there he is. luke russert. i hear you now. >> reporter: how you doing, sir? >> all right. >> reporter: how are things? >> have you seen a ton of tourists out here? >> there's ton of tourists, but thankfully the weather is not that bad. it's nice and sunny here. i'm going to show you what we've got. t
bush takes the oath in 2001, his priorities were tax cut and education reform. that was dominating the agenda and the summer of the shark, all the shark attacks in the summer of '01. >> gary condit. >> and gary condit. the world changes and bush's presidency certainly changed on 9/11. >> his biggest speech before that was on stem cell research. >> yep. >> that was his first -- >> biggest month, that's right. august. >> stick around. we'll talk about the...
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it depends which part is borrowed and which is paid for through taxes. they're making a philosophical point. i don't doubt the sincerity. he cares about deficits. but at a time like this, it's a delay. and i don't know how he can square his sympathy for victims because he was a victim, too, at one point with this political point he wants to make about budget. yes. there is discussion to be had about budgets and deficits. but right now this has a real impact, these delays. so making the point about deficits is stopping people from getting the help they need. and if he wants to have that debate, have it in the bigger context. this $60 billion, it's a drop in the ocean of bigger debt problems and they are long-term debt problems. they need to talk about them, but this isn't the point or time to do it. there's a time and place. this isn't it. >> and my point is -- i don't want to just beat up on congressman mulvaney. 137 voted for this. >> at least he had the guts to defend himself. >> people in this country that we have gotten to the point in politics where
it depends which part is borrowed and which is paid for through taxes. they're making a philosophical point. i don't doubt the sincerity. he cares about deficits. but at a time like this, it's a delay. and i don't know how he can square his sympathy for victims because he was a victim, too, at one point with this political point he wants to make about budget. yes. there is discussion to be had about budgets and deficits. but right now this has a real impact, these delays. so making the point...
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>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the initiative another large tax increase in history now by $50 billion. but they are lying. revenue projections will not come true. the balanced budget looks good in jittery but then the revenues come of you say it is a shortfall. it could be a billion or $30 billion. we will see that happen again. john: chuck devore you moved to texas? >> the states are so similar. population, the second and third states with land mass mass, more similar than different, both last with natural resources and a coastline with ports. similar on the surface why
>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pushing this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this...
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Jan 19, 2013
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all have state -- no state income tax and create more jobs.
all have state -- no state income tax and create more jobs.
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Jan 18, 2013
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>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pusng this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money is invested? >> now with about the initiative another large tax increase in history now by $50 billion. but they are lying. revenue projections will not come true. the balanced budget looks good in jittery but then the revenues come of you say it is a shortfall. it could be a billion or $30 billion. we will see that happen again. john: chuck devore you moved to texas? >> the states are so similar. population, the second and third states with land mass mass, more similar than different, both last with natural resources and a coastline with ports. similar on the surface why ar
>> he enacted the largest tax increase at the state level in history. i resigned as the chief republican whip in protest. john: he also funded stem cell research. i talk to the guy pusng this and i said you could pay for this yourself why is it a government job? >> democrats wanted to stick a thumb into the eye of georgia bush just like the emission standards to say we are californians. john: then i read this organization has to be revamped, a conflict of interest, all of this money...
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Jan 19, 2013
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all have state -- no state income tax and create more jobs. without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher the california legislator from going crazy. they still do despite so many people moving. but it is good we have places like texas. smaller government
all have state -- no state income tax and create more jobs. without the income tax they were forced to limit the growth of their government. every state has prisons, schools but they find a way to fund those for less. those nine states gained population from other states, increase jobs four point* 9%. the other states declined. competition between neighboring states keeps them from indulging. new hampshire kept vermont politicians from going crazy. the existence of arizona and nevada teacher...
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Jan 15, 2013
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will john boehner at the end of the day have to do what he did with the tax bill, which is basically cede control of the house more or less to the democrats and have most of his party vote against something but allow a vote to come up that will let democrats and nancy pelosi yet again rescue the day. >> okay, jared. i want to play you something the president said on monday. you referenced it yourself. take a listen. >> they will not collect or ransom an exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. >> jared, i put it to you, do they not realize this fight isn't just hurting the economy. it's also helping this president look like the only grown-up in washington. >> i don't think they're calculus on this stuff is as rational as your question suggests, of course. but, again, if you actually get out of this beltway, and i try to do it as much as possible, and talk to people, the question i consistently get is why doesn't washington really care about the problems that we face? and when you mention recent housing
will john boehner at the end of the day have to do what he did with the tax bill, which is basically cede control of the house more or less to the democrats and have most of his party vote against something but allow a vote to come up that will let democrats and nancy pelosi yet again rescue the day. >> okay, jared. i want to play you something the president said on monday. you referenced it yourself. take a listen. >> they will not collect or ransom an exchange for not crashing the...
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Jan 21, 2013
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as well on the tax cuts. the president agreed to extend the tax cuts, and even republicans privately said they were surprised they got a clean extension from him. there certainly is the impression the president compromise too much in his first term. that is why you see this different approach that we've been talking about since the beginning of a more aggressive, combat of obama, but also on obama that reaches out to the public to try to bring public pressure to bear on republicans, and who did that. president reagan did that. it is more of a model that reagan used. you will see him apply that to all of the issues in the pipeline. host: let me go back to something the president said in his address today. he talked about life, liberty, and the pursuit of happiness. in terms of the tactics of moving ahead on the guns agenda, we also heard the president last week talking about the inalienable rights of the average american, and that includes protecting our children. you can see a different twist on the constitut
as well on the tax cuts. the president agreed to extend the tax cuts, and even republicans privately said they were surprised they got a clean extension from him. there certainly is the impression the president compromise too much in his first term. that is why you see this different approach that we've been talking about since the beginning of a more aggressive, combat of obama, but also on obama that reaches out to the public to try to bring public pressure to bear on republicans, and who did...
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Jan 15, 2013
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what i said was we weren't going to extend bush tax cuts for the wealthy -- and we didn't. now, you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000 and we ended up being at $400,000. but the fact of the matter is millionaires, billionaires are paying significantly more in taxes, just as i said. so from the start, my concern was making sure that we had a tax code that was fair and that protected the middle class, and my biggest priority was making sure that middle-class taxes did not go up. the difference between this year and 2011 is the fact that we've already made $1.2 trillion in cuts. and at the time, i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. i said at the time i think we should pair it up with revenue in order to have an overall balanced package. but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made, and we've made those cuts. now, the challenge going forward is that we've now made some big
what i said was we weren't going to extend bush tax cuts for the wealthy -- and we didn't. now, you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000 and we ended up being at $400,000. but the fact of the matter is millionaires, billionaires are paying significantly more in taxes, just as i said. so from the start, my concern was making sure that we had a tax code that was fair and that protected the middle class, and my biggest priority was making sure...
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Jan 20, 2013
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. >> guns, tax and immigration. the president signals a second term with more bite than bipartisanship. the tone and the task with senior obama adviser are david plouffe. the republican take with wyoming senator john barrasso, head of the gop policy committee. also, spotlight on the inaugural speech with presidential wordhs
. >> guns, tax and immigration. the president signals a second term with more bite than bipartisanship. the tone and the task with senior obama adviser are david plouffe. the republican take with wyoming senator john barrasso, head of the gop policy committee. also, spotlight on the inaugural speech with presidential wordhs
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Jan 15, 2013
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i've also said that we need more revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care, or a scientist to shut down lifesaving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and our schools, invest in our workers' skills, or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone
i've also said that we need more revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision...
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Jan 21, 2013
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the point is that you are living under a taxed society you have to be able to represent yourself. until that happens effectively, the city is getting treated in an unfair manner. >> a friend of bill this hour local news editor for the washington express part of "the washington post" and you can follow it at washington post.com and follow clipton on twitter@clinton yates. this is a no matter whether it's democrat or republican first term or second term, inaugurations are a big deal. >> yeah. >> for washington, d.c. for many reasons. >> big-time fun. you get crowds in town. i wrote this in a column last week. you get typically more than the average summer tourist. >> that's no knock over the americans who come here over the summer but you typically get a perceived more educated more sophisticated crowd belichick more politically aware. >> and people in the interest of having a good time. and that's sort of the difference between the average tourist season and inauguration is a lot of people are in a better mood. it makes things more fun when you are out and about on the town. >> peo
the point is that you are living under a taxed society you have to be able to represent yourself. until that happens effectively, the city is getting treated in an unfair manner. >> a friend of bill this hour local news editor for the washington express part of "the washington post" and you can follow it at washington post.com and follow clipton on twitter@clinton yates. this is a no matter whether it's democrat or republican first term or second term, inaugurations are a big...
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Jan 14, 2013
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don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get higher rates. >> at the news conference, president obama made clear what he thinks about the 4 million words simplifying them or using them to promote economic growth are not priorities. >> from the start, my concern was making sure that we had a tax code that was fair. and protected the middle class. >> another related reason who i the tax code reform never gets done each loophole credit, preference and provision is favored by some interest group or another. which is in turn backed by veritable army of lawyer, accountant fighting to keep them where they are. >> bret: thank you. no grapevi
don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get...
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Jan 20, 2013
01/13
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. >> guns, tax and immigration. the president signals a second term with more bite than bipartisanship. the tone and the task with senior obama adviser are david plouffe. the republican take with wyoming senator john barrasso, head of the gop policy committee. also, spotlight on the inaugural speech with presidential wordsmiths don bayer and michael guesten and the party lines with former wisconsin senator russ feingold, new england, susan page and ron brownstein. i'm candy crowley and this is "state of the union." >>> good morning on an historic sunday here in washington, d.c. president obama will take the oath of office for his second term after this morning in a private ceremony at the white house. the constitution requires that he be sworn in by noon, january 20th. vice president joe biden was sworn in a short time ago, justice sonia sotomayor administering the oath. the president and vice president have just arrived at arlington national cemetery where they will place a wreath at the tomb of the unknown of. we
. >> guns, tax and immigration. the president signals a second term with more bite than bipartisanship. the tone and the task with senior obama adviser are david plouffe. the republican take with wyoming senator john barrasso, head of the gop policy committee. also, spotlight on the inaugural speech with presidential wordsmiths don bayer and michael guesten and the party lines with former wisconsin senator russ feingold, new england, susan page and ron brownstein. i'm candy crowley and...
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Jan 15, 2013
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provided health insurance for children who did not have it, if they had helped set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had delivered what many described as one of the most electrifying keynote speeches in american history at the democratic national convention that year in boston. tavis: it is fascinating to me, coming into the national consciousness as we were talking the other day, we were talking and it was fascinating to sit here in this hall and watch you come into the process of -- consciousness of everyone across the country. >> the nice thing aside from having a wife who has a great sense of humor and does not take this stuff too seriously, to remind you of who you are, what i tried to do in that speech is give voice to what i
provided health insurance for children who did not have it, if they had helped set up an earned income tax credit to people who really needed it, those kinds of messages are ones that would appeal across race, region, and class. >> most people with political ambitions spent years trying to gain name recognition and a seat at the table of national politics. state senator, was not just another political figure. for months to the day after his first appearance with us in 2004 he had...
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Jan 13, 2013
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it was created before fourth quarter tax returns came in. it makes a lot of assumptions that may or may not pan out. as we know, every year we get a budget and then it is sometimes billions off of mark later when all the numbers come in. >> one thing i wanted to ask you is that it's happy now and as melissa points out we still have these other financial assumptions but have you seen any change fundamentally in how california spends its money? is it still sustainable or are we still overreaching? >> no. totally sustainable. and believe me, there clearly needs to be some additional money spent in k through 12. you really do need to do something about the gap that's being created between the end product of a kid in public school in california and in other states and one time we were in the top 10. we are now in the lower 40s and that's not good. so they are going to have to do something about that and with these resources they can. >> but with these resources comes the governor's idea of taking some of the money, a good portion of the money and
it was created before fourth quarter tax returns came in. it makes a lot of assumptions that may or may not pan out. as we know, every year we get a budget and then it is sometimes billions off of mark later when all the numbers come in. >> one thing i wanted to ask you is that it's happy now and as melissa points out we still have these other financial assumptions but have you seen any change fundamentally in how california spends its money? is it still sustainable or are we still...
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Jan 20, 2013
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. >> an inmate's self-abusive behavior taxes jail staff. abo. i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >> move, move. >> when officers at the louisville metro department of corrections jail recently discovered a contraband search, they discovered match heads on aaron byerly's bunk. >> aaron? >> today, byerly goes to a discipline hearing. which could result in his time in getting segregation. >> i'm not going to be a person that puts my business out there. if they say they found something and they found it, i'm not just going to say it's mine and cop out like that. that's just not my style. >> go to the table over there and have a seat in that red chair. >> byerly is due to transfer to prison any day now. if he is sent to segregation befor
. >> an inmate's self-abusive behavior taxes jail staff. abo. i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >> move, move. >> when officers at the...
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Jan 20, 2013
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. >> an inmate's self-abusive behavior taxes jail staff. customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >> when officers at the louisville metro department of corrections jail recently discovered a contraband search, they discovered match heads on aaron byerly's bunk. >> aaron? >> today, byerly goes to a discipline hearing. >> i'm not going to be a person that puts my business out there. if they say they found something and they found it, i'm not just going to say it's mine and cop out like that. that's just not my style. >> go to the table over there and have a seat in that red chair. >> byerly i
. >> an inmate's self-abusive behavior taxes jail staff. customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes...
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Jan 14, 2013
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 14, 2013
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government spend aka taxes. part of the heritage foundation's definition of economic freedom is the ability to invest your money however you want and hold on to your money. limited government was always one of the factors in the study. still very, very strong with protectionism is an issue the united states is facing. they are competitive in the global economic environment. it's not just about the u.s. any more. it's a very global marketplace we need to remain competitive. the rankings show we are slipping behind a little bit. we are still topping the world still a top ten but it's a struggling environment for us right now. >> barely top 10. sandra smith, fox business networks. 25 after the hour. still to come obama care was supposed to cut costs for healthcare to all. now we are finding another hidden fee that insurance companies will be charging you to pay for someone else. plus a teacher is told to remove a ronald reagan quote from her classroom because it could be offensive to her students. we will explain.
government spend aka taxes. part of the heritage foundation's definition of economic freedom is the ability to invest your money however you want and hold on to your money. limited government was always one of the factors in the study. still very, very strong with protectionism is an issue the united states is facing. they are competitive in the global economic environment. it's not just about the u.s. any more. it's a very global marketplace we need to remain competitive. the rankings show we...